3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
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3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
3404 PHILLIPS STREET Unit: A-F
Sold

3404 PHILLIPS STREET Unit: A-F

3404 PHILLIPS ST #A-F, TAMPA, FL 33619

$1,350,000
Welcome to the Prime DUPLEXES at 3402, 3404, and 3406 N Phillips St, Tampa, FL 33619 - an Unbeatable Investment Package!

Key Features that Set this Investment Apart:
TRIPLE BLOCK DUPLEXES. Acquire not one, not two, but THREE contiguous block duplexes, forming a solid block of SIX income-producing units. HIGH OCCUPANCY: Currently, 5 out of 6 units are leased, ensuring a steady and reliable income stream from day one.
LUCRATIVE RENTAL INCOME: With an impressive average rental income of $1,695 per month per unit, this investment promises substantial and consistent cash flow.WELL DESIGNED LAYOUTS: Each apartment boasts a spacious 3-bedroom, 2-bathroom layout, catering to the modern tenant's needs.RECENT RENOVATIONS: Witness the value-added enhancements, including newer roofs, and fresh exterior paint. 4 of the 6 units have been upgraded with new flooring, kitchen, baths and more - totalling $100,000 in improvements. These renovations not only enhance the property's appeal but also contribute to long-term durability and value. RAPID APPRECIATION:Rents have already increased by a remarkable 24% in less than 2 years, showcasing the potential for significant appreciation.STABLE TENANT BASE: We've strategically cleared out non-paying tenants and secured new, long-term occupants for increased stability. FUTURE POTENTIAL: This property is ripe for the savvy investor willing to secure higher rents and guaranteed payments using Gov't programs. Seize the opportunity to tap into this additional income stream! TENANT-PAID UTILITIES: Tenants contribute $70-$75 each for water/trash in addition to rent, ensuring minimal overhead for the savvy investor.SOLID FINANCIALS: Enjoy an annual rent of $112,387, with an 8% vacancy discount, and separate electrical meters - tenants foot the bill!

This meticulously curated portfolio of income-producing properties can be yours as a package deal for $1.4M or individually. Don't miss out on the chance to secure a sound and lucrative investment in the dynamic real estate market. Your future prosperity awaits! Contact us now to seize this golden opportunity!

18
beds

12
baths

6,048 Sq.Ft. LIVING AREA

5,600 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms18
  • Total bathrooms12
  • Laundry room Inside
  • other interior Features Ceiling Fans(s)

Area & Lot

  • Status Sold
  • Living Area6,048 Sq.Ft.
  • Lot Area5,600 Sq.Ft.
  • MLS® IDT3503111
  • TypeMulti-Family
  • YEAR BUILT1989
  • NeighborhoodBeaches

Exterior

  • STORIES1
  • water SourcePublic
  • utilitiesBB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
  • roofShingle
  • lot featuresCorner Lot
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer
  • SubstructureSlab
  • other exterior FeaturesOther

Financial

  • Sales Price$1,350,000
  • Real Estate Tax $4,074/yr
  • Zoning RM-16

Beaches

With 35 miles of soft white sandy beaches, there is something for everyone to call home.

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We pledge to be in constant communication with our clients, keeping them fully informed throughout the entire buying or selling process. Leading with patience and understanding we tailor our services to your unique situation.

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